Following is selected financial information from Abercrombie & Fitch for its fiscal year ended February 2, 2013

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Following is selected financial information from Abercrombie & Fitch for its fiscal year ended February 2, 2013 ($ millions).image text in transcribed

Required

a. Prepare the income statement, the balance sheet, and the statement of cash flows for Abercrombie & Fitch for the fiscal year ended February 2, 2013.

b. Do the negative amounts for cash from investing activities and cash from financing activities concern us? Explain.

c. Using the statements prepared for part \(a\), compute the following ratios (for this part only, use the year-end balance instead of the average for assets and stockholders' equity):
i. Profit margin ii. Asset turnover iii. Return on assets iv. Return on equity

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